It's no great secret that London has the highest property prices in the UK.<\/p>\n
Whether you're looking to buy a small flat or a family home, the capital's average asking price of 696,453 puts it at more than double the UK average.<\/p>\n
Of course, there are obvious benefits to living in London including fantastic schools, world beating night life and cultural sites and brilliant transport links.<\/p>\n
But when you consider you can actually buy your own private island for the same price as a modest London home, you feel something may have gone wrong.<\/p>\n
READ MORE:'Better than temporary accommodation': 200 pod homes with running costs of just 5 a week being built in London<\/p>\n
The Holm of Huip is a isolated island located in the Orkney Islands off Scotland.<\/p>\n
The island is being marketed by luxury private island specialists Vladi Private Islands who informed My London the current owner is seeking around 300,000 for the beautiful spot. <\/p>\n
Their listing reads: \"The charming Holm of Huip Island stretches over a surface area of approximately 250,000 square meters.<\/p>\n
\"Whilst most of its beaches are made up of slate and stone, a long, sandy beach can also be found towards the south of the island, close to the ruins of an old, stone house.<\/p>\n
\"As with the two farmhouses, it would be possible to either renovate or rebuild these ruins in order to make the buildings habitable. <\/p>\n
\"The island can certainly be described as well-connected as well as a daily flight from Kirkwall - the capital of Scotlands Orkney Islands to Stronsay (the small town directly opposite the Holm of Huip), it is also possible to make the short journey (approx. one and a half hours) via ferry. <\/p>\n
\"From the small harbour in Stronsay, it is possible to then make the transfer to Holm of Huip via either rowing boat or by motor boat.\"<\/p>\n
Peter Fripp is the current owner of the island and told My London he couldn't think of anything better to spend his money on.<\/p>\n
He said: \"I have owned it for 17 years, I am an archaeologist and the island has hidden treasures.<\/p>\n
I believe it was once a Viking graveyard, it has great wildlife, seals come to the island and the weather is nice.<\/p>\n
I bought it for 125,000 euros back then, I think this is a better way to spend money. I bought a big adventure where some people may buy a Porsche or a house.<\/p>\n
It's certainly a pretty spot if the isolation isn't too much of a bother, but how does it compare to properties in London.<\/p>\n
Well a quick scan of property site Rightmove throws up a range of possible options in the same price range including this delightful 2 bedroom flat in Sydenham.<\/p>\n
It's spacious enough and has a host of original 1930 features.<\/p>\n
The listing from estate agents Robinson Jackson reads: \"Delightful first floor 1930's purpose built maisonette with two bedrooms, leasehold, pleasant private section of garden, and access to loft, set within a popular cul-de-sac location in the Upper Sydenham area, equal distance to Sydenham and Forest Hill Station, conveniently located for local high street shops and amenities and Wells Park.\" <\/p>\n
It's a tempting offer, but is it better than a private island?<\/p>\n
What would you pick? Let us know in the comments here. <\/p>\n
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More here: <\/p>\n
The private Scottish island you can buy for the same price as a London flat - My London<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" It's no great secret that London has the highest property prices in the UK. Whether you're looking to buy a small flat or a family home, the capital's average asking price of 696,453 puts it at more than double the UK average. Continue reading